Valley National Gases Joins New Russell Microcap Index WASHINGTON, Pa., July 21 /PRNewswire-FirstCall/ -- Valley National Gases Incorporated (AMEX:VLG) announced today that it joined the Russell Microcap Index. The newly formed Russell Microcap Index, which became effective July 1st, is comprised of the smallest 1,000 securities in the small cap Russell 2000 index, along with the next smallest 1,000 companies, based upon a ranking of all U.S. companies by market capitalization. The index offers portfolio managers and other investors a comprehensive, unbiased barometer to compare their portfolios performance against a standard for microcap stocks. Russell recently published the complete index membership list at http://www.russell.com/US/Indexes. "We are pleased with our inclusion in this new Index" commented Valley National Gases' Vice Chairman and Chief Executive Officer, William A. Indelicato, "Our inclusion should facilitate greater interest in our stock at the institutional level." Russell indices are widely used by investment managers and institutional investors for index funds and as benchmarks for both active and passive investment strategies. Companies on the list represent over $2.5 trillion in assets. Investment managers who oversee funds often purchase shares of member stocks according to a company's weighting in a particular index. Valley National Gases, with headquarters in Washington, Pennsylvania is a leading packager and distributor of industrial, medical and specialty gases, welding equipment and supplies, propane and fire protection equipment. Valley National Gases operates sixty-seven locations in twelve states, with nine production and distribution centers in the eastern and midwestern United States. DATASOURCE: Valley National Gases Incorporated CONTACT: James P. Hart of Valley National Gases, +1-724-228-3000, or Web site: http://www.vngas.com/ http://www.russell.com/US/Indexes

Copyright

Valley National Gases (AMEX:VLG)
Graphique Historique de l'Action
De Oct 2024 à Nov 2024 Plus de graphiques de la Bourse Valley National Gases
Valley National Gases (AMEX:VLG)
Graphique Historique de l'Action
De Nov 2023 à Nov 2024 Plus de graphiques de la Bourse Valley National Gases